S. 1365 aims to prevent U.S. executive agencies from awarding contracts, grants, or cooperative agreements to companies owned by individuals who are special Government employees. If any such individuals own at least 5% of a company's shares, the company is ineligible for...
Simple Explanation
S. 1365 says that if a person works for the government and owns at least a little bit of a company, that company can't get special jobs or money from the government for a whole year after the person stops working for the government. This is to make sure everything is fair and honest.